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Report sees increasing foreign investment in industrial sector

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says <a href='https://opendevelopmentcambodia.net/news/report-sees-increasing-foreign-investment-in-industrial-sector/ ' class='cambodia-color'>...a>

Post Staff
http://www.phnompenhpost.com/real-estate/report-sees-increasing-foreign-investment-industrial-sector

Strike by Cambodian Caltex staff enters 3rd day after wage talks fail

Cambodian workers for the U.S.- owned Caltex petrol stations in Phnom Penh continued their strike for higher wages Wednesday after wage negotiations late Tuesday failed to reach any agreement. Strike leader Sar Mora, president of the Cambodian Food and Service Workers Federation, said some 300 Caltex <a href='https://opendevelopmentcambodia.net/news/strike-by-cambodian-caltex-staff-enters-3rd-day-after-wage-talks-fail/ ' class='cambodia-color'>...a>

Xinhuanet News
http://news.xinhuanet.com/english/world/2014-05/14/c_133332966.htm

Supply drives office rentals to highest in region

Demand for top-quality workspace in Phnom Penh is increasing, so much so that property firm Knight Frank has labelled the capital as the fastest-growing city for rented prime office space in the entire asia Pacific region. The firm’s June 3 quarterly report, which marks the first <a href='https://opendevelopmentcambodia.net/news/supply-drives-office-rentals-to-highest-in-region/ ' class='cambodia-color'>...a>

Annie Lee
http://www.phnompenhpost.com/business/supply-drives-office-rentals-highest-region

UN Rights Envoy meets with interior minister, opposition leader

Interior Minister Sar Kheng on Friday met with visiting U.N. human rights envoy Surya Subedi, who spent the first week of his 11th mission to Cambodia following up on electoral, labor and legislative reform. The special rapporteur later met with CNRP Vice President Kem Sokha, who <a href='https://opendevelopmentcambodia.net/news/un-rights-envoy-meets-with-interior-minister-opposition-leader/ ' class='cambodia-color'>...a>

Khuon Narim
http://www.cambodiadaily.com/news/un-rights-envoy-meets-with-interior-minister-opposition-leader-62061/

Gov’t rejects 4 human rights recommendations

Cambodia on Thursday rejected four recommendations for improving its human rights situation that it initially accepted earlier this year during its second universal periodic review at the U.N. Human Rights Council in Geneva. It also “noted” 38 recommendations&mdash;meaning it has not committed to implementing them&mdash;some relating <a href='https://opendevelopmentcambodia.net/news/govt-rejects-4-human-rights-recommendations/ ' class='cambodia-color'>...a>

Lauren Crothers
http://www.cambodiadaily.com/news/govt-rejects-4-human-rights-recommendations-62584/

Sihanoukville struggles to shake its seedy image

This tourist town counts itself among the Most Beautiful Bays in the World Club and more than 1 million tourists each year are drawn to its tropical water and sandy shore. Yet when the U.S. Embassy last month warned its citizens to avoid some beaches <a href='https://opendevelopmentcambodia.net/news/sihanoukville-struggles-to-shake-its-seedy-image/ ' class='cambodia-color'>...a>

Ouch Sony and Simon Henderson
http://www.cambodiadaily.com/news/sihanoukville-struggles-to-shake-its-seedy-image-66108/

Thai Sugar Company Accused of Rights Abuse in Cambodia

A ThAi sugAr compAny with mAjor shAres in CAmbodiAn sugAr cAne is being investigAted for humAn rights violAtions in operAtions Along the border between the two countries. The NAtionAl HumAn Rights Commission of ThAilAnd recently investigAted AllegAtions thAt villAgers were forced from their homes to mAke <A href='https://opendevelopmentcAmbodiA.net/news/thAi-sugAr-compAny-Accused-of-rights-Abuse-in-cAmbodiA/ ' clAss='cAmbodiA-color'>...A>

Suy Heimkhemra
http://www.voacambodia.com/content/thai-sugar-company-accused-of-rights-abuse-in-cambodia/2411955.html

Cambodia attracts 230,100 Chinese visitors in H1, up 19 pct

Cambodia has received 230,100 Chinese tourists in the first six months of 2014, an increase of 19 percent over the same period last year, according to a tourism report released on Wednesday. The report shows that China is the second largest source of tourists to Cambodia <a href='https://opendevelopmentcambodia.net/news/cambodia-attracts-230100-chinese-visitors-in-h1-up-19-pct/ ' class='cambodia-color'>...a>

Ecns.cn News Staff
http://www.ecns.cn/2014/08-13/129405.shtml

Energy Minister plays down Areng concerns

Minister of Mines and Energy Suy Sem has issued a letter to the National assembly commission on the environment, offering assurances that the planned Stung Cheay areng Hydropower Dam will meet high environmental and social standards. Opposition Cambodia National Rescue Party member Te Chanmony on September <a href='https://opendevelopmentcambodia.net/news/energy-minister-plays-down-areng-concerns/ ' class='cambodia-color'>...a>

May Titthara
http://phnompenhpost.com/national/energy-minister-plays-down-areng-concerns

Cambodia's economic growth forecast to reach 7.2% in 2014, 7.5% next year – World Bank

Cambodia’s economic growth is forecasted to reach 7.2 percent in 2014, and 7.5 percent next year according to a report by World Bank on Monday. The report said Cambodia’s garments continue to be the key engine of growth, followed by construction. The poverty rate continued to <a href='https://opendevelopmentcambodia.net/news/cambodias-economic-growth-forecast-to-reach-7-2-in-2014-7-5-next-year-world-bank/ ' class='cambodia-color'>...a>

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/cambodias-economic-forecasted-to-reach-72-pct-in-2014-75-pct-next-year:-world-bank-7444

Gov’t to monitor prices at pump

The Cambodian government is again urging petrol retailers to pass on savings to the consumer amid the continued plunge in global oil prices, which hit a new five-year low yesterday. The premier’s criticism of foreign fuel retailers comes after the minister of commerce, Sun Chanthol, <a href='https://opendevelopmentcambodia.net/news/govt-to-monitor-prices-at-pump/ ' class='cambodia-color'>...a>

Eddie Morton
http://www.phnompenhpost.com/business/govt-monitor-prices-pump

Police deport 7 Montagnards from Ratanakkiri to Vietnam

As 14 MontAgnArd Asylum seekers continue to evAde Authorities in the forests of RAtAnAkkiri province, An officiAl sAid SundAy thAt police deported seven “VietnAmese JArAi” from the northeAstern province on SAturdAy. RAtAnAkkiri provinciAl police chief Nguon Koeun sAid border police Arrested the seven on SAturdAy in <A href='https://opendevelopmentcAmbodiA.net/news/police-deport-7-montAgnArds-from-rAtAnAkkiri-to-vietnAm/ ' clAss='cAmbodiA-color'>...A>

Aun Pheap
https://www.cambodiadaily.com/news/police-deport-7-montagnards-from-ratanakkiri-to-vietnam-76656/

Bank sector at risk: S&P

The National Bank of Cambodia (NBC) lacks the resources to enforce regulatory standards and bail out underperforming banks during times of need, credit ratings agency Standard &amp; Poor’s says. Cambodia’s banking sector was labelled high-risk, with a score of nine out of 10 on S&amp;P’s2014 Banking <a href='https://opendevelopmentcambodia.net/news/bank-sector-at-risk-sp/ ' class='cambodia-color'>...a>

Eddie Morton
http://www.phnompenhpost.com/business/bank-sector-risk-sp

H.E. Cheang Vun's responding letter to the request by CCC

H.E. Cheang Vun, the head of the 5th Commission, reaffirmed that, as a tradition, after received any draft law from the Royal Government of Cambodia and assigned by the Standing Committee of the National assembly for studying and giving opnions on the texts, special Commissions <a href='https://opendevelopmentcambodia.net/announcements/h-e-cheang-vuns-responding-letter-to-the-request-by-ccc/ ' class='cambodia-color'>...a>

National Assembly

Download: pdf

WFP project blends regular and fortified rice

The World Food Programme Cambodia and Green Trade Company yesterday launched a project to blend regular rice with fortified rice to be used to provide free breakfast for children in targeted schools next year.​ <a href='https://opendevelopmentcambodia.net/news/wfp-project-blends-regular-and-fortified-rice/ ' class='cambodia-color'>...a>

Pech Sotheary
https://www.khmertimeskh.com/50671914/wfp-project-blends-regular-and-fortified-rice

Downsized After Revocation
ELC

The Concession Has Been Subjected To Reduction(S) In Size although It Had Been Cancelled Previously. Publicly available Information On Land area Cut From ELCs Does Not Include Maps Or Spatial Data Of Excisions. Thus, ODC Cannot Present Land area Cut In Shapes. as a Result, <a href='https://opendevelopmentcambodia.net/layers/downsized-after-revocation/ ' class='cambodia-color'>...a>

Hun Sen: Gov’t will never sacrifice national interest

Prime Minister Hun Sen on Friday defended his rule against detractors who claim that the government often acts to please certain foreign powers. The prime minister said all his decisions have been for the benefit of the Kingdom and urged countries to support Cambodia’s development <a href='https://opendevelopmentcambodia.net/news/hun-sen-govt-will-never-sacrifice-national-interest/ ' class='cambodia-color'>...a>

Niem Chheng
https://www.phnompenhpost.com/national-politics/hun-sen-govt-will-never-sacrifice-national-interest

CPP sets goals for this year

The Cambodian People’s Party (CPP) on Saturday held its 42nd congress at the Koh Pich Convention and Exhibition Centre in the capital to review its achievements for last year and set this year’s targets. Presided by Prime Minister Hun Sen, who is also CPP president, <a href='https://opendevelopmentcambodia.net/news/cpp-sets-goals-for-this-year/ ' class='cambodia-color'>...a>

Mech Dara
https://www.phnompenhpost.com/national-politics/cpp-sets-goals-year

Ministry cements MoU with eleven social work NGOs

The Ministry of Social affairs, Veterans and Youth Rehabilitation on Friday signed a memorandum of understanding (MoU) with 11 organisations involving $12.7 million in funding to improve the social affairs, social welfare, child welfare, anti-trafficking and disability work in Cambodia. Ministry spokesman Touch Channy said <a href='https://opendevelopmentcambodia.net/news/ministry-cements-mou-with-eleven-social-work-ngos/ ' class='cambodia-color'>...a>

Voun Dara
https://www.phnompenhpost.com/national/ministry-cements-mou-eleven-social-work-ngos

Firm completes purchase of solar project in Banteay Meanchey

Thailand-based energy company B Grimm Power Plc’s wholly-owned subsidiary, B Grimm Solar Power 1, has completed its acquisition of Cambodia’s Ray Power Supply Co Ltd. “[Ray Power] would like to update the progress [of the transaction]. The share transfer has officially completed and approval from <a href='https://opendevelopmentcambodia.net/news/firm-completes-purchase-of-solar-project-in-banteay-meanchey/ ' class='cambodia-color'>...a>

Thou Vireak
https://www.phnompenhpost.com/business/firm-completes-purchase-solar-project-banteay-meanchey

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